Saturday, September 24, 2022

Jim Walter Homes For Sale In Mississippi

Best Schools In Mendenhall Mississippi

Jim Bottrell and Ardent Real Estate Services Endorsed by Todd Walters

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferringtheir classes online because of the global pandemic.Numerous school districts will continue online courses, while others will welcome students back to campus.Regardless, homebuyers are shopping for homes in Mendenhall with dedicated in-homelearning spaces, as well as for homes located within the best school systems for in-person instructionin Mendenhall.

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Helpful Tip for: Home Builders

Home Builders, in Jackson, are people responsible for delivering multiple functions with regards to home construction and household repairing services. They usually collaborate with other professionals like carpenters, architects, engineers, plumbers, electricians, landscapers, etc, and work in a team with them on home projects.

Jim Walter Homes: A Peek Inside The 1971 Catalog

Recently, a fellow history lover sent me a photo of her 1954-built home and said that shed heard it was a Jim Walters Home.

I dragged out my lone Jim Walter Homes catalog , and didnt find a match.

However, I had so much fun looking at the pictures, I decided to scan the catalog and share it here!

In the meantime, Id love to find a few more Jim Walter catalogs. This Florida-based company sold more than 320,000 houses, which is more than Aladdin, Sears, Gordon Van Tine and Lewis Homes combined.

Jim Walter started his house-building business in 1946 and ceased operations in 2009. I recently purchased Building a Business The Jim Walter Story , and I havent read it all, but its an interesting book.

According to the book, Jim Walter was 23 when his business began, and in the mid-1980s, it was one of the top-200 largest industrial enterprises in the United States.

In 1961, Jim Walter acquired Celotex, a company that manufactured insulation materials that contained asbestos.

That didnt end well for anyone.

According to an obit published in the New York Times , Jim Walter Homes employed 530 crews who would build out your home to any level of completion you wished from shell to finished home.

At its peak, Jim Walter Homes had 25,000 employees, and annual sales of more than $2 billion.

Despite the connection with Celotex, a spokesperson for Jim Walter Homes affirmed that asbestos was never used in any Walter Homes.

Cover of the 1971 Jim Walter Homes catalog.

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Pros And Cons Of Living In Mendenhall Mississippi

How do you know that living in — or moving to — Mendenhall is right where you need tobe?Perhaps you grew up in Mendenhall or already live nearby therefore,the decision to buy a home in Mendenhall is a no-brainer.For others, however, it may not be such a straightforward or simple decision.Whether you are relocating to Mendenhall for work or just looking for a fresh start,getting a read on a neighborhood from afar can be tricky… and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for salein Mendenhall:

  • What type of neighborhood environment do you prefer?
  • What types of shopping ,restaurants and businesses would you like nearby?
  • What leisure-time activities do you enjoy?
  • What type of commute do you seek?

In short, it always helps to create a Pros vs. Cons list of what you need in a home and/or neighborhoodlike Mendenhall.

Home Value Estimator For Mendenhall Ms

Jim Walters Homes Prices / I have jim walters home that ...

There are currently 1,336 real estate properties in Mendenhall, MS,with a median automated valuation model price of $151,000.00. What is an AVM? It isa smart computer program that analyzes and predicts the approximate value of a home,property or land in Mendenhall, MS, based on current market trends, comparable realestate sales nearby, historical data and, of course, property features, among othervariables. These automated home estimates are often very helpful, providing buyers andsellers with a better idea of a homes value ahead of the negotiation process. For example,the average home price in Mendenhall, MS, is $170,514.00, with the most expensive housein Mendenhall, MS, topping out at $2,509,000.00 and the cheapest home in Mendenhall, MS,clocking in at $49,100.00. In other words, theres something for every potential homebuyeror savvy investor in Mendenhall, MS!

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For Alleged Stay Violations

Henry Ray Bush and Glenda L. Bush allege in this adversary that Jim Walter Homes, Inc., Mid State Trust II, and Mid-State Homes, Inc., violated the automatic stay in two bankruptcies filed by the Plaintiffs. Collectively the Defendants are engaged in construction, financing and mortgage servicing for single family homes dating back to 1946.

The first alleged stay violation occurred during a Chapter 13 case filed only in the name of Glenda L. Bush in which the Defendants foreclosed on an Alabama home owned by the Plaintiffs. The second alleged stay violation transpired in 2001 during the Plaintiffs’ joint Chapter 13 bankruptcy , when Defendants failed to dismiss or reverse the impact of the 1997 foreclosure, followed by the sale of the home for unpaid real estate taxes.

Based on the evidence and testimony presented, including credibility assessments, the Court finds and concludes that the Plaintiffs have failed to prove that the Defendants violated the automatic stay in either bankruptcy case, and Plaintiffs are not entitled to damages. The Court’s reasoning and decision follows.

In 1984 the Plaintiffs purchased a home in Frisco City, which is located in Monroe County, Alabama. Defendants, held the mortgage on the property however, taxes and insurance were not escrowed. Instead, these expenses were paid directly by Plaintiffs. The Plaintiffs lived together in the home until 1996, when Ms. Bush moved to Columbus, Ohio for a new job.

IT IS SO ORDERED.

Jim Walters Rd Moselle Ms 39459

This Single Family Residence is located at 6 Jim Walters Rd, Moselle, Ms. The estimated value of this home is currently priced at 227,647, approximately $140.26 per square foot. This property was originally built in 1979. 6 Jim Walters Rd is within the school district Jones County School District with nearby schools including Moselle Elementary School, Moselle Elementary School, and South Jones High School.

    3 Beds ⢠2 Baths ⢠1,700 Sq. Ft.Moselle, MS 39459 4 Beds ⢠2 Baths ⢠2,128 Sq. Ft.Moselle, MS 39459 4 Beds ⢠3 Baths ⢠2,558 Sq. Ft.Moselle, MS 39459 4 Beds ⢠2 BathsMoselle, MS 39459 3 Beds ⢠2 BathsPurvis, MS 39475 3 Beds ⢠3 BathsHattiesburg, MS 39402 3 Beds ⢠2 BathsHattiesburg, MS 39402 3 Beds ⢠3 BathsHattiesburg, MS 39402 3 Beds ⢠2 BathsPetal, MS 39465 3 Beds ⢠2 BathsPetal, MS 39465
  • 6 Jim Walters Rd

Home Values in Moselle, MS

There are currently 2 properties with a median home value on Jim Walters Rd of $174,850, $52,797less than this home.The median list price per square foot on Jim Walters Rdis $125, $20more than this home.Of the total homes on Jim Walters Rd, 100% are For Sale, 0% are For Rent, and 44% are Single Family Homes.Jim Walters Rd represents Infinity% of home addresses in Moselle, MS.Interested in knowing how much your home on Jim Walters Rd is worth? The Homes.com Automated Valuation Model provides an estimate of the home value of every on and off market property in the US.

Locations Near 39459

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Chapter 11 Protection 1989

In 1989 Houston attorney Stephen D. Sussman, of Sussman Godfrey, filed a suit on behalf of asbestos victims in Beaumont, Texas, an industrial area where many of the plaintiffs lived. The new lawsuit named KKR, Hillsborough Holdings, and Walter Industries as principal defendants. The suit put an end to KKRs plan to restructure the debt assumed by Hillsborough Holdings Corporation. Further asset sales were blocked, and the price of HHCs junk bonds plummeted. HHC was unable to meet the obligations imposed by the sale of the junk bonds that funded the buyout. On December 27, 1989, Hillsborough Holdings Corporation and 31 of its subsidiaries each filed for Chapter 11 bankruptcy in Tampa. Only two subsidiaries, Cardem Insurance Co. and Jefferson Warrior Railroad Company, did not file petitions for court-protected reorganization.

In April 1990 Judge Alexander L. Paskay, chief bankruptcy judge for the U.S. Bankruptcy Court in the Middle District of Florida, recommended that the asbestos suit filed in Texas be heard in his court. In July the U.S. District Court for the same district adopted his recommendation, and the case was moved to the Tampa federal bankruptcy court.

Origins As Marketer Of Shell Homes In 1940s

Jim Walter Homes House Plans

In 1946 James W. Walter borrowed $400 from his father, a citrus grower, and purchased a shell, or unfinished home, for $895 from Tampa, Florida, builder, 0. L. Davenport. When just three days later, the 23-year-old, newly married Walter sold the home to a passerby for a profit, he saw a way out of his $50-a-week truck-driving job and $50-a-month apartment. Walter convinced Davenport, also in his 20s, to take him on as a partner. As Walter remembered in Nations Business in 1970, we made out all right, but I thought we could move faster. Walter encouraged Davenport to run bigger advertisements featuring photographs of the homes they sold more houses. Walter was enthusiastic about building the business even faster. Davenport was reluctant, and after two years, they dissolved the partnership of Davenport & Walter. The men decided to divide the business: one of them would take the assets of about $50,000, the other the business. Since Davenport was the founder, he first opted to take the business. A day after he made his decision, he told his partner he had changed his mind and chose the assets instead. Davenport took his share and bought a motel and small construction firm in Troy, Alabama. Jim Walter continued the business, now called the Walter Construction Company.

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Chapter 11 Protection: 198995

In 1989 Houston attorney Stephen D. Sussman, of Sussman Godfrey, filed a suit on behalf of asbestos victims in Beaumont, Texas, an industrial area where many of the plaintiffs lived. The new lawsuit named KKR, Hillsborough Holdings, and Walter Industries as principal defendants. The suit put an end to KKR’s plan to restructure the debt assumed by Hillsborough Holdings Corporation. Further asset sales were blocked, and the price of HHC’s junk bonds plummeted. HHC was unable to meet the obligations imposed by the sale of the junk bonds that funded the buyout. On December 27, 1989, Hillsborough Holdings Corporation and 31 of its subsidiaries each filed for Chapter 11 bankruptcy in Tampa. Only two subsidiaries, Cardem Insurance Co. and Jefferson Warrior Railroad Company, did not file petitions for court-protected reorganization.

In April 1990 Judge Alexander L. Paskay, chief bankruptcy judge for the U.S. Bankruptcy Court in the Middle District of Florida, recommended that the asbestos suit filed in Texas be heard in his court. In July the U.S. District Court for the same district adopted his recommendation, and the case was moved to the Tampa federal bankruptcy court.

Cost Of Living In Mendenhall Ms

So, about how much do homes cost in Mendenhall?The most recent median value of resident-owned homes in Mendenhallis 88,713.An estimated 60 percent of households in Mendenhall own their homes,with an average family size of 3.74.The median household income in Mendenhall is 29,286,with17.3 percentage of households earning at least $100,000annually.For working parents and professionals who are searching for cheap homes in Mendenhall,the median commute time of resident workers is 19.5.And last, but certainly not least, are you looking for homes to rent in Mendenhall?If so, the average rent price paid by renters in Mendenhallis 704, according to recent statistics.

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Guffey cofounded Calvert Research and Management Co., a sustainable investment firm in 1976, and the couple are co-founders of Calvert Impact Capital, a community development nonprofit.

Living at a property nearby, Guffey and Adamson were in no big hurry to move into the remodeled house, and Gordon was happy to take time to devote to it. More than three years later, its just about move-in ready. The project resulted in a comfortable home with single-level living that has substantially greater value than it did before.

For three years Ive been out here transforming this Jim Walter house into a prairie-Craftsman style, said Gordon, who is a musician in his spare time. It was a full gut.

Jim Walter Homes, Inc. was a modular, kit or shell home manufacturer. The story goes that Walter started the company in Florida in 1946 with $1,000 that he borrowed from his father and sold it for $2 billion in 1986, having capitalized on the post-World War II building and baby boom. The company eventually went out of business in 2009.

Jim Walter Homes would deliver the kit and provide workers to build the homes exterior. The interior work would be left to the homeowner, who could buy the drywall, trim and carpet from the company if he wanted. The business model was designed to keep costs and mortgage payments low for families just starting out.

Richard Amrhine: 540/374-5406

Diversification In The 1960s And 1970s

Jim Walters Homes Prices

During the 1960s and 1970s, the company made a large number of acquisitions and mergers. Walter acquired no less than 15 different subsidiaries in the 1960s, ranging from building-materials and industrial-products manufacturers to a California savings and loan. The Celotex Corporation merger was initiated in 1962 and completed in 1964. A pioneer in sound insulation and a leading manufacturer of building products, Celotex also made a spray-on asbestos insulation. The company also acquired a sugar firm and an oil exploration company. Two paper companies acquired in 1968, Marquette Paper Corporation and Knight Paper Company, rounded out Jim Walters early acquisitions.

On March 9, 1964, Jim Walter Corporation was first listed on the New York Stock Exchange. Shares initially sold for $.50. From 1969 until 1979, stockholders enjoyed positive results: dividends increased from $.40 to $1.80 per share book value increased from $6.46 to $34 per share. By 1970, the shares had twice split three ways.

In 1969 the company bought United States Pipe and Foundry Company of Birmingham, Alabama, for $135 million in stock and cash. By 1979, U.S. Pipe had increased profits five times over. In the July 13, 1979, issue of Forbes, Walter called the purchase the quickest deal I ever made.

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Rent Prices In Mendenhall Ms

With the expiration of certain local, state and federal housing-related restrictions andmandated programs, the rental market in Mendenhall, MS, is on a rollercoaster ride. Theaverage rent price in Mendenhall, MS, is $1,445.00. Indeed, when looking to rent inMendenhall, MS, you can expect to pay as little as $730.00 or as much as $2,300.00,with the average rent median estimated to be $1,430.00. The good news is that findingan affordable and desirable property to rent in Mendenhall, MS — whether its apartments,townhomes, condominiums or single-family homes — is made easier with knowledge of thelocal market and, of course, a little patience.

Asbestos Litigation And Kkr Takeover In The 1980s

In 1972 Panacon Corporation, the third-largest Canadian producer of asbestos, was merged into Celotex Corporation. As the link between asbestos and cancer became clear, lawsuits from workers began to accumulate. Jim Walters 1986 10-K form reported that two subsidiaries, Celotex and Carey Canada Inc., were codefendants with a number of other miners, manufacturers, and distributors of asbestos products in a substantial number of lawsuits alleging work-related injuries. Many of the suits requested punitive as well as compensatory damages. According to the company, the aggregate damages sought in these cases is substantial. What followed was a series of convoluted suits, and counter suits, on behalf of both defendants and plaintiffs, with mixed results. The company thought its insurance carriers would handle the claims, but coverage after 1977 disallowed asbestos-related claims. In 1985 the subsidiaries and codefendants entered into an agreement to resolve the claims. All claims filed after June 19, 1985, were to be referred to the Asbestos Claim Facility, set up by the agreement, with the cost of litigation or mediation to be shared by all the defendants according to a formula based on their asbestos litigation experiences.

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Diversity And Demographics In Mendenhall Mississippi

Where a home is located is almost just as important as the home itself.Whether you are a first-time homebuyer or are relocating to Mendenhall,it is essential to take a deep dive into your potential future neighborhood.Homeownership is often a long-term relationship therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Mendenhall is 33.5,split between 38.2 percent male versus 61.8 female.The percentage of residents who report being married in Mendenhallis 28.8, with an average family size of 3.74.

The percentage of residents who report their race in Mendenhall is as follows:

White
6.3%

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